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  1. #1
    DF Jedi Soulassassin's Avatar
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    Default What percentage of your salary did your car cost?

    After seeing the thread on mortgages in the D&D I wondered what sort of price people pay for there cars. Not trying to be nosey as to what people earn, just an idea of what percent they pay for a car. If you pay monthly just use the purchase price when you bought it.

    For example if I earn 20k per year and my car cost 5k thats 25%. You may have the car 5 years but making it work out at 5% per year but its the 25% figure Im after.

    For me my car cost 50% of my annual salary but it will be paid off next month...
    Last edited by Soulassassin; 27th August 2010 at 03:36 PM. Reason: added example.

  2. #2
    DF PwNagE ant3b's Avatar
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    Default Re: What percentage of your salary did your car cost?

    way to much

  3. #3
    DF Moderator Little John's Avatar
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    Default Re: What percentage of your salary did your car cost?

    110% but I had saved £6k for deposit will be paid off in a few month

    I have decided I like it too much to get shut for a year or so so free motoring for me for a bit.
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  4. #4
    DF Jedi Soulassassin's Avatar
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    Default Re: What percentage of your salary did your car cost?

    Quote Originally Posted by Little John View Post
    110% but I had saved £6k for deposit will be paid off in a few month

    I have decided I like it too much to get shut for a year or so so free motoring for me for a bit.
    I have a feeling that might be the highest figure...

  5. #5
    DF Jedi Ashley's Avatar
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    Default Re: What percentage of your salary did your car cost?

    Just about 25% not including the deposit although its all paid for now.

  6. #6
    DF Moderator Little John's Avatar
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    Default Re: What percentage of your salary did your car cost?

    Its probably more actually but you need to remember I have nothing else to pay car stuff and phone and a bit of rent.
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  7. #7
    DF Jedi willp2003's Avatar
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    Default Re: What percentage of your salary did your car cost?

    i've got a lease car with work, and i pay £16 a month (VW golf 1.9 tdi)
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  8. #8
    DF Wh0re desc's Avatar
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    Default Re: What percentage of your salary did your car cost?

    40% but I bought it before I landed myself a house. Now I'm stuck with it for the foreseeable :s

  9. #9
    DF PwNagE liveseytowers's Avatar
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    About 60% for me but that's mortgage down to me having a shit job and my dad giving me 5k for the deposit. It's paid off now which is good

  10. #10
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    Default Re: What percentage of your salary did your car cost?

    10%

  11. #11
    DF PwNagE prezzy's Avatar
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    Default Re: What percentage of your salary did your car cost?

    0.26% - had a company car for a bit then that taken back but from what I paid for the car am using against what am on

    All paid for and a few years left in her yet hopefully


  12. #12
    DF Jedi beacytan's Avatar
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    Default Re: What percentage of your salary did your car cost?

    20%

  13. #13
    DF Jedi Brydo666's Avatar
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    Default Re: What percentage of your salary did your car cost?

    My car was also 20% of my annual salary. Though I traded my old car in and added a little to provide a 40% deposit - got a low interest rate and I'll make small payments over the next three years before changing again.

    The highest % of my wage goes into savings for a mortgage, boring as it may be it seems it's the only way to get a good mortgage these days is with a chunky deposit.

  14. #14
    DF Jedi blacksheep's Avatar
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    Default Re: What percentage of your salary did your car cost?

    are you talking new value or what you paid for it - I mean if someone buys a 5 year old car for 30% of it's value are you looking at that or the new price tag?

  15. #15
    DF PwNagE liveseytowers's Avatar
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    What you paid for it I guess. That's how I worked my figure out.

  16. #16
    DF PlaYa Eazi's Avatar
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    Default Re: What percentage of your salary did your car cost?

    10%, paid cash so will run it till it dies then buy another

  17. #17
    DF Moderator Little John's Avatar
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    Default Re: What percentage of your salary did your car cost?

    My sister paid over double her salary for her pug 207cc GT
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  18. #18
    DF Jedi Soulassassin's Avatar
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    Default Re: What percentage of your salary did your car cost?

    Yeah the full price you paid for your car as a percentage of what you earn a year.
    Not bothered how long you have had it or if you owe anything on it. Im really just curious what the norm is.

  19. #19
    DF Jedi RSV's Avatar
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    Default Re: What percentage of your salary did your car cost?

    My car cost me roughly 20% my salary but I paid for it outright & it should last me a couple of years plus I should hopefully get a substantial pay rise in the next year or so.

  20. #20
    DF Jedi blacksheep's Avatar
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    Default Re: What percentage of your salary did your car cost?

    mine was aprox 12-15% of my pre tax salary when I got it.

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